Demonetization, Digital Identity and Universal Basic Income – How Big Ideas Are Changing India and What it Means for the World
According to The Economist, India's proposal to give every citizen a cash transfer using the digital platform Aadhar could reduce absolute poverty from 22 percent to 0.5 percent. For a country that is home to a third of the world's poor, could Universal Basic Income (UBI) fundamentally change the picture of poverty, health and well-being in India and the world?
At the same time, removing 86 percent of the cash circulating in a cash-heavy economy had a sudden, negative impact on India’s growth rate. Almost six months – and a major regional election – later what are the lasting effects of demonetization? Is a cashless society in the future?
The architect of India’s annual Economic Survey, Chief Economic Adviser Arvind Subramanian - a CGD senior fellow currently on leave – returns to the Center to discuss the big policy ideas making a dramatic mark on India’s economy, and what they could mean for the world.
| in human population terms the greatest education and innovation miracles needed to stem from asia-pacific -see rural keynesian mapmaking since 1977- moores law has been multiplying 100 times more human connectivity per decade since moon landing- it was inevitable that by 2020s the east and west's greatest risks and need for solutions would be the same- in economic terms edutech needed to connect win-wins between youth of all hemispheres race to sdgs- you cant be 5g ai ed 5-sense cyber space interconnected and have some communities thriving and others collapsing- make an index of who was testing ready, what big data they can now ai analyse and the opposite league table- you may conclude that any millennial who wants to help the war on virus needs hitrust millennial friend across the far east islands of japan taiwan hk singapore the peninsular of south korea, mainland china , every border of china that wants data without fatal gaps human development economics- the economist mapped these between 1962 and 1978- then turned to educational and financial entrepreneurial revolution needed to win-wn worldwide if the post-industrial knowhow webbing planet was to huper connect millennials as the first sdg generation | .....after world war 2 the main community resiliency needs were mappable across the continent of asia where over 60% of human beings lived without access to electricity grids because europes colonial empires led the island-led mernatike world uk pound economy had focused on mercantile trade- moreover the way the usa had developed across the continent was not replicable to asia- however asian development solutions might have some parallels for developing two more tenths of human beings living in africa and central and south america- we track 4 technology revolutions that grew ; deming inspired engineering, rural keynesianism beginning with borlaug crop science and barefoot medis, satellites space , telecoms and mobiles- and analytical digital capacity beginning with von neumann as father of programmable computing and promising 100 times moore analytical power per decade through moores law-whee and how did these force ,ultipliers map human development win-wins- and how did they intersect positively or negatively with macroeconomists who kept on perpetrating paper currencies dynamics of the pound and then its far bigger successor the dollar economy..... | Economistindia.net and EconomistBangla.com and EconomistRefugee.com welcome you to the hitchhikers guide to the oceans Belts and Continents railRoads/pipes/cables etc -bottom up solutions need replicating through communities as digital leapfrog collaboration permits what half a millennium og mercantile colonisation never could celebrate - health is the most fundamental service of girl empowerment communities - so special thanks from girls to health servants like Brilliant, Kim ,Sir Fazle and universal health id network of Nilekani. UNwomens linkedin:..schools new curricula:2/5 of people live in china & s.asia- how to share their sustainability solutions everywhere; 2/5 of world's land is in china and its north and north west-how do overland roads linking in sustainability; far more than 2/5 of world shipping trade revolves round coastal belt east of china- how will sustainbility world trade roures map- join us at BRI.school- next week long retreat BRACinn Dhaka sept 30 to Oct 6. Special thanks to AlibabaUni.com and NormanMacrae.net for this special opprtunity to celebrate yerr 50 of The Economist's Entrepreneurail Revolution - redesign every market's value chain to SME networks thrive by changing education until youth livelihods match sustainability goals rising everywhere. RSVP isabella@unacknowledgedgiant.com | .. .. | what can unicorn analysis tell us about whether investors and educators want youth to be the SDG generation? related tour asia rising with nhk GOAL 1 - ending poverty begins with ending the lottery- current odds about 1 in 4 - that the next girl born will have next to no chance of a decent livelihood- mostly this results from history's era of colonisation which spiralled over 5 centuries 16th to 20th as a few monetarily large nations (about tenth of peoples) decimated the economies of others; it wasn't really to 1972 that one of 10 most populated ex colonial nations bangladesh started today's benchmark solution to ending rural poverty- born as a new nation bangladesh had next to zero taxes to govern social solutions with but unlike other colonies its 2 most extraordinary economists went the villages to live and learn with the poor- and to see how partnering with foreign assistance bottom-up girl empowered communities could build - the greatest case of Entrepreneurial Revolution since journalist records began in 1968. Consider Bangladesh's grassroots networking involved 25 years of no electricity and no digital development follows by partnering tech companies with experiments since 1996 today economistpoverty benchmarks solutions at brac and bkash and since april 2018 chinese greatest fintech for small enterprise have joined in these partnerships so that sino-s asia is the space to celebrate girl empowerment and every extreme solution to goals 1 to 17 .. those who wish to end poverty in old cities of big nations might start linking ted leonsis 1 2 Asia's SDG advocates 1 2 hail from : India: Dia Mirza 1, Qatar Sheikha Moza 1, China Jack Ma, Iraq Murad |
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